New Threads Only:  Add to Google Reader or Homepage
New Threads & Replies:  Add to Google Reader or Homepage
Forums are for serious investors only. GuruFocus Forum Rules.

Forum List » Guru News and Commentaries
Guru News, Stock picks and commentaries
New Topic
Goto Thread: PreviousNext
Goto: Forum ListMessage ListNew TopicLog In
Pimco's El-Erian Ponders the Timing of Fed 'Tapering'
Posted by: Canadian Value (IP Logged)
Date: August 1, 2013 10:04AM

The great Peter Lynch once said the following about spending time on macro forecasting:

"If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes."

Pimco's El-Erian seemingly spends all of his time on such issues.

I tend to think that Lynch is the man we should listen to, although going blindly into the 2008 market collapse would not have been optimal.

Today El-Erian considers likely Fed action in light of recent strong economic numbers.




Stocks Discussed: SPY, DJI, QQQ,
Rate this post:

Rating: 1.5/5 (2 votes)





Sorry, only registered users may post in this forum.

Please Login if you have an account or Create a Free Account if you don't
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK